
Wan Hai orders 110,000 containers for its fleet of new box ships
Wan Hai Lines is ordering more than 110,000 new containers, at a cost of around $325m, as the Taiwanese liner operator expects delivery of 11 new ships next year.
The company disclosed the order yesterday, after unveiling a net profit of $1.29bn for the first nine months of 2026, nearly double that reported a year ago.
The new containers will support the additional capacity and replace older equipment. Some 45,800 boxes, costing $144m, will come from China International Marine Containers (CIMC), 24,200 Pan Ocean Container Supplies ($69.2m), 23,050 from Dong Fang International ($65m), and 17,000 from Singamas ($47.28m).
Wan Hai will take delivery of 11 vessels in 2027, comprising 10 of 16,000 teu and one of 8,700 teu. The larger ships are expected to be deployed on Asia-South America routes, the 8,700 teu vessel could go to Asia-Mediterranean or Asia-Middle East services.
The carrier, which runs standalone transpacific, Asia-Mediterranean, and Asia-South America services alongside its core intra-Asia routes, has already introduced six energy-efficient new ships this year, reducing its fleet's average age to 8.8 years.
By 2030, Wan Hai expects to receive another 42 vessels, adding around 475,000 teu, as it moves towards a fleet capacity target of 1m teu, placing it in a position to overtake compatriot Yang Ming in the ranks of the top ten carriers.
This quarter, Wan Hai expects intra-Asia routes to benefit from the traditional peak season, supported by holiday stockpiling and inventory replenishment ahead of the lunar new year holiday in February. Freight rates and cargo volumes are expected to increase.
By contrast, deepsea routes are entering their seasonal off-peak period, with transpacific freight rates normalising from Q3 peak levels.
To expand its regional network, Wan Hai plans to launch the CI8 direct service this month, connecting Haiphong, South China, and Malaysia with the West Indies. It will also strengthen services along the west coast of North America, the eastern Mediterranean, and the west coast of South America.
Meanwhile, berths 79 to 81 at Kaohsiung Port's Fifth Container Terminal became fully operational this month, further expanding Wan Hai's terminal operating capacity.